Nippon India Corporate Bond Fund Direct Plan Bonus Plan
Nippon India Corporate Bond Fund Direct Plan Bonus Plan

Nippon India Corporate Bond Fund Direct Plan Bonus Plan

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Debt
Direct
Corporate Bond

NAV: ₹ 36.9 as on 03-02-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
2.1%
3.4%
5.3%
6.4%
7.1%
Benchmark
0.5%
1.6%
2.4%
3.5%
5.2%
5.8%
About the Fund

Nippon India Corporate Bond Fund Direct Plan Bonus Plan is a debt fund. This fund was started on  10 January, 2013. The fund is managed by Vivek Sharma, Kinjal Desai, Akshay Sharma. This fund is suitable to keep your money safe.

Key parameters

1) Nippon India Corporate Bond Fund Direct Plan Bonus Plan has a NAV of 36.8694 as on 03-02-2023.

2) Nippon India Corporate Bond Fund Direct Plan Bonus Plan has 1625 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.32 %.

Fund Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1625 Cr
Inception Date
Inception Date
10 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
137.38%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
89.6%
AA
10.4%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

61.3%

Government

28.9%

Cash Equivalent

9.8%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings47
Holdings
Weight%
Holdings Trend
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
6.52%
0%
Summit Digitel Infrastructure Limited
Summit Digitel Infrastructure Limited
5.07%
0%
08.39 RJ UDAY 2025
08.39 RJ UDAY 2025
4.84%
0%
Bajaj Finance Limited
Bajaj Finance Limited
4.62%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
4.61%
100%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 41.3 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 1.6K Cr
Nov'22
₹ 1.6K Cr
Oct'22
₹ 1.5K Cr

Fund Returns vs Benchmark

Jan'23
0.79%
0.75%
Dec'22
0.11%
-0.20%
Nov'22
0.75%
0.66%
Fund Return
Benchmark Return

Fund Manager

Vivek Sharma

Vivek Sharma

Fund Manager of Nippon India Corporate Bond Fund Direct Plan Bonus Plan, since 1 February 2020
Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Corporate Bond Fund Direct Plan Bonus Plan, since 25 May 2018
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Corporate Bond Fund Direct Plan Bonus Plan, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.96% since inception which is more than its category average return of 5.32%
AUM size ₹1625 Cr

AUM size ₹1625 Cr

This fund has AUM of ₹1625 Cr which is less than its category average of ₹ 5009 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.58%

Frequently Asked Questions

The current NAV of Nippon India Corporate Bond Fund Direct Plan Bonus Plan is 36.87 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Corporate Bond Fund Direct Plan Bonus Plan
Absolute Returns
CAGR Returns
1 Month Returns
0.64%
0.64%
6 Month Returns
3.43%
3.43%
1 Year Returns
5.29%
5.29%
3 Years Returns
20.51%
6.42%
5 Years Returns
40.94%
7.1%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.32 as on January 2023
1625 Cr as on January 2023
Yield to Maturity is 7.81 as on January 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 1.91 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.6
AA
10.4
Vivek Sharma,Kinjal Desai,Akshay Sharma are the fund managers of Nippon India Corporate Bond Fund Direct Plan Bonus Plan
The Exit load of Nippon India Corporate Bond Fund Direct Plan Bonus Plan is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.